Hico, Hamilton County, Texas Property Taxes

$774 avg. annual savings

No Upfront Costs

You only pay if we save

Property Taxes in Hico, Texas

Median Hico, Texas effective property tax rate: 1.10%, significantly lower than the national median of 1.02%, and lower than the Texas state median of 1.48%.
Median Hico, Texas home value: $208,990
Median annual Hico, Texas tax bill: $1,978, lower than the national median property tax bill of $2,400.

How are property taxes in Hamilton calculated?

Property taxes in Hico, Texas are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Hico's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hico, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Hico, Hamilton County, Texas Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$2,299

$2,133

How Does the Hico Property Tax Calculator Work?

Use this Hico property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hico's median effective tax rate of 1.10% — based on actual property records in Hamilton County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hico's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Hico: rates range from 1.10% in 76457 to 1.10% in 76457, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hico.

About Hico Property Taxes

About Property Taxes in Hico, Hamilton, Texas

Hico’s median effective property tax rate of 1.10% is higher than the Texas state median of 1.48% and higher than the national median of 1.02%. This rate reflects the Hamilton County base levy combined with local school district levies and Municipal Utility Districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Hico. Homeowners in ZIP code 76457 carry a median effective rate of 1.10%, and the same ZIP code also reflects the city’s median tax bill of $1,978. Understanding where you live in Hico can make a meaningful difference to your annual tax bill.

Hico homeowners who believe their assessed value is too high can file a formal appeal with the local Appraisal District before the May 15, 2026 deadline each year.

If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Hico, Hamilton County, Texas

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Hico's effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.

Property Tax Rates Across Hico, Hamilton County, Texas

Source: Ownwell

0.86%

1.04%

1.22%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hico Tax Rate

1.10%

Median Effective Hamilton County Tax Rate

1.09%

Median Effective Texas Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hico, Hamilton County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
76457	0.32%	0.69%	1.10%	1.43%	1.68%

Source: Ownwell

Property Tax Assessment Values Across Hico, Hamilton County, Texas

When examining property taxes in Hico, Texas, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Hamilton County appraisal district estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Hamilton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hico.

For example, the median home price in Hico is $208,990, with tax bills ranging significantly across the county. 76457 has the highest median home price at $208,990.

Property Tax Assessment Values Across Hico, Hamilton County, Texas

Source: Ownwell

$150,400

$179,695

$208,990

Median Hico Market Value

$208,990

Median Hamilton County Market Value

$175,130

Median Texas Market Value

$258,851

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hico, Hamilton County, Texas

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
76457	$50,880	$115,780	$208,990	$351,040	$673,940

Source: Ownwell

Property Tax Bills Across Hico, Hamilton County, Texas

Property tax bills in Hico are based on the assessed value of a home and the local tax rate set by taxing authorities in Hamilton County. When a property’s market value changes, the assessed value can change as well, which affects the final tax bill homeowners receive. For a home with a median market value of $208,990, the property tax bill is shaped by how that value is assessed and how local rates are applied.

Homeowners in Hico may see very different bills depending on their property’s value and any exemptions they qualify for. The 25th percentile tax bill is $1,013, while the 75th percentile tax bill is $3,091 and the 90th percentile tax bill is $4,378. The median tax bill in the area is $1,978, which is below the national median property tax bill of $2,400. Because property taxes are a recurring expense, even small changes in assessed value can have a meaningful impact on household budgets.

Property Tax Bills Across Hico, Hamilton County, Texas

Source: Ownwell

$1,068

$1,523

$1,978

Median Hico Tax Bill

$1,978

Median Hamilton County Tax Bill

$1,603

Median Texas Tax Bill

$3,441

Median United States Tax Bill

$2,400

Property Tax Bills Across Hico, Hamilton County, Texas

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
76457	$472	$1,013	$1,978	$3,091	$4,378

Source: Ownwell

Don't miss the deadline to protest!

Dates
Appeal Deadline	May 15
Tax Bill
Issued	October 1
Due Date #1	November 30
Due Date #2	June 30

Links
Hamilton Appraisal District
Website	hamiltoncad.southwestdatasolutions.com

Frequently Asked Property Tax Questions in Hico, Texas

How are property taxes calculated in Hico, Texas?

Property taxes in Hico, Texas are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Hico, Texas?

To appeal your property taxes in Hico, Texas, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Hico, Texas?

Common property tax exemptions in Hico, Texas include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Hico, Texas?

Property tax deadlines in Hico, Texas vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Hico, Texas?

Ownwell provides professional property tax appeal services in Hico, Texas. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.